50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp—they learned how to read the news, invest in art, and communicate better

Goldman Sachs recently hosted approximately 50 young, affluent individuals for a two-week investment bootcamp in New York City. The program aimed to educate these Gen Zers, aged 18 to 23, on crucial skills such as reading market news, investing in art, and improving communication abilities. During the intensive two-week program, participants attended workshops led by Goldman Sachs executives and industry experts, covering various topics including Wall Street Journal analysis, equity trading, hedge fund management, and diverse portfolio creation.

Beyond traditional financial education, the Gen Z cohort participated in sessions focused on developing leadership, communication, and presence skills. They engaged in role-playing exercises with the CEO of LifeHikes, a coaching company, and received guidance from Goldman Sachs Vice Chairman Rob Kaplan on leadership potential. Additionally, the attendees explored the growing market of sports team investments, with notable figures like Jeff Bezos, Ryan Reynolds, Mark Cuban, Steve Ballmer, and Bernard Arnault investing in soccer and football leagues.

The program also delved into alternative investments such as cryptocurrency and artificial intelligence. The young participants expressed interest in these emerging markets, recognizing their relevance to building strong investment portfolios. Goldman Sachs' NextGS Investment Intensive Program, now in its third year, aims to empower the offspring of its private wealth management clients, enabling them to confidently navigate the world of generational wealth.